Look Beyond Water Heater Prices When Buying A New Water Heater
Ann Triune
Comparing water heater prices is one of the most important things you do before taking the plunge in buying a new water heater. Nowadays, there are water heaters available that are cheap and inexpensive. However, when choosing a water heater, you mustn't limit yourself to price. You have to consider quality and efficiency. Just by choosing the right water heater, you can actually cut back on a lot of money in the long run.
What should I do first in buying a water heater?
Before anything else, you should determine what type of water heater you want to have. You can choose between an electric or gas-fueled water heater. There are also water heaters that burn oil, kerosene and propane to heat water. Some use solar panels and wood heat.
Which type of water heater is less costly?
If you compare the different water heater prices of electric and gas-fueled water heaters, you will see that gas-fueled water heaters are more expensive. A 40 gallon electric water heater can cost you about $319.99 while a 40 gallon gas-fueled water heater can amount up to $419.99.
Does this mean I should get an electric water heater?
Yes, just by looking at that, you might as well be investing into electric water heaters. However, if you look beyond the price tag and see the investment you'll be making in the long run, you would be reconsidering your decision.
What does that mean?
For every million Btus of heat produced, the average dollar cost of natural gas was found to be at $15.13 while electricity was found to be at $27.26. This is according to the 2005 data provided by the Department of Energy. This shows natural gas is the cheapest and most convenient fuel used for water heaters.
Although gas-fueled water heaters can cost you about $100 more than electric water heaters, just think about how much money you will be saving in the long run by using natural gas fuel.
What can I do if I still like to purchase an electric water heater?
If for some reason, having an electric water heater appeals to you more, you can still enjoy it and at the same time take advantage of the economy of using a gas-fueled water heater. There are products available that allow you to do just that. This works by removing the electric heating element in your water heater, turning it into a storage tank. A new gas-fired heating unit is then attached to the existing water tank using two inch water lines. With this system, you can experience three times the heating capacity of a standard electric water heater.
As a whole, before taking the plunge in buying a new water heater, look beyond water heater prices. Find out what type of water heater is fit for your needs and budget. Although there are several water heaters that are inexpensive, always keep in mind that quality, efficiency, and energy consumption rate are equally important factors to consider too.
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